Case study Coffee Inventory Management Under LIFO at Farmer Brothers Coffee Company How much inventory (in pounds of cof

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Case study Coffee Inventory Management Under LIFO at Farmer Brothers Coffee Company How much inventory (in pounds of cof

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Case study Coffee Inventory Management Under LIFO at
Farmer Brothers Coffee Company
How much inventory (in pounds of coffee) did the company
have on June 30, 2011, and 2010? What is the approximate average
cost of LIFO inventory on June 30.2011 and 2010? Explain the
company’s year-end purchase decision in 2011. Without switching
from LIFO, how much could the company have increased income before
taxes in 2011?
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